The Price of Liberty
Video Statistics and Information
Channel: Arken the Amerikan
Views: 4,515
Rating: 4.8699999 out of 5
Keywords: #Democracy, #Liberty, #2020Election
Id: gpbKseLs1bk
Channel Id: undefined
Length: 9min 54sec (594 seconds)
Published: Sat Dec 05 2020
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The greatest system thus far to order society is individual property rights and markets. Not democracy, as the author of this video states.
Democracy (with some serious checks on it at that) is simply one of the best ways to administrate a commons, when that commons is unavoidable due to transaction costs prohibiting the use of individual property rights.
I'm appalled at the number of people here who seem to hold the same pseudo-religious views about social contract and the sanctity of government, as do the blunt-thinking progressives...if only to a slightly lesser extent.
Commons (and the legitimized monopolies required to administrate them; whether democratically or autocratically) may be necessary evils...but they are evils nonetheless. Not just from my moral point of view, but from even a consequentialist perspective, assuming you don't deny psychological egoism and methodological individualism (i.e. there is no hivemind; there is no concept of value or good outside the experience of the individual; there's no societal good other than what's the most good for the greatest number of individuals, as revealed by their choices first and foremost, and then by their expressed preferences, where transaction costs make preferences to expensive to reveal through market action).
Democracy is not "good", anymore than violently throwing your child aside is "good"...you may have done it to pull them out of the way of a speeding car, and so that was good to save their life, but if there were a less violent way to accomplish the saving of their life or preventing the situation to start with...any decent person would want to do that.
Empirically speaking, democracy seem to produce less corruption than more autocratic forms of government, certainly, and it tends to shield from the excesses of an unwise or unscrupulous autocrat...but it also stifles societies in middle-of-the-road policies; which means that there's little chance of getting really technocratically "good" economic and foreign/trade policy. We also observe that democracy doesn't seem to be the most dominant factor in the quality of governance...noting that most anyone would choose to live in a party-run Singapore or the principality of Liechtenstein, than a democratically run Botswana or Philippines.
Clearly, modernity and wealth and education and culture play a bigger role in shaping the scruples of autocrats than people imagine, and political decentralization would produce more beneficial impact for most struggling nations with internal strife, than would more ignorant peasants voting their hatred and vitriol for the other team.
Even dictatorships and monarchies have a selectorate....the selectorate is just larger in a democracy (still isn't usually "the people" at large in practice, but would be in the ideal). This spreads public goods wider, but at the cost of ossification, bureaucratic inefficiency, not to mentioned rational ignorance among the voters, irrationalities and paradoxes and impossibilities inherent to all kinds of run-off systems including fptp, ranked-choice, approval etc.
Democracy is a damned steaming pile of shit, which is just less shitty than a lot of other shit which people keep naval-gazing at because they don't even consider or try for trying to avoid commons in the first place, or politically decentralize, or use contract law, etc.
Everyone has their pet list of things that they believe are the sacred domain of government (as long as its democratic! Right?), and they pretend to themselves like its anything other than a belief...pretend they've done some utilitarian calculus and found that their arbitrary set of things we "must" leave to shittt democratic decision making, will not produce more governance failure and political externality, than the market failures and externalities which they believe we're being saved from.
/rant
Thanks - this is great. Right now, I like recorded lectures/seminars, audiobooks, and podcasts so I can listen to them while getting other stuff done... yard work or chasing my little one around. Ultimate multitasking! Really appreciate it.